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Travis Perkins equips Toolstation with 100 outlets

Travis Perkins has invested £12 million in heating and plumbing supplier Toolstation and will to expand the number of Toolstation sales counters in operation to 100 outlets in five years time.
By the end of 2008 alone, building products supplier Travis Perkins will help Toolstation open 30 more sales counters.

Toolstation was established in 2003 by founder and chief executive of Toolstation Mark Goddard-Watts. In five years, Mark grew Toolstation into a £25 million pound business, with 12 trade counters across the UK.

Mark Goddard-Watts said, 'We had planned to find a strategic partner at this stage of our development to support and continue our growth and we believe that Travis Perkins' culture and ambition perfectly suits our plans'.

All of Toolstation's business systems were built before the company commenced trading. This has meant the business can run efficiently across all channels, keeping costs low so that, it can offer low prices to its customers.

Travis Perkins plan to adopt Toolstation's business systems within the Travis Perkins group, which includes brands CCF, City Plumbing Supplies and Benchmarx.
15 April 2008

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